Renting Archive

Nearly 10M more renter households had income to qualify to buy home in 2012 vs. 2005

Many factors have increased the number of renter households qualified to purchase a home in 2012 versus 2000 and 2005: 1) incomes have increased, 2) population has grown, 3) mortgage rates are lower, and 4) prices have fallen since...

Commercial Rentals and Sales

Approximately three to four percent of REALTORS® report a commercial rental every month. On an annual basis, this would be in the neighborhood of 175,000 rental transactions per year. In addition, approximately three percent of REALTORS® report a commercial...

Farm Land Prices Surge

Farm prices are going through the roof, at least in Colorado, Kansas, Missouri, Nebraska, Oklahoma, and Wyoming – the area monitored by the Kansas City Federal Reserve.  Both irrigated and non-irrigated land prices have essentially tripled in the past...

Home Ownership Rate Forecast

The U.S. home ownership rate stands at a 15-year low with the latest figures showing 65.6 percent of Americans living in owner-occupied homes.  At peak in 2004 the ownership rate was a hair shy of 70 percent.  Over the...

The Impact of the 3.8% Tax on Rents

As part of the health care legislation, a new 3.8 percent tax will be imposed on some people starting in 2013.  Contrary to rumors among some real estate practitioners, this is not a tax on the sale of a...